Natural Gas and Electricity News

May 31, 2020

First, if you’ve been with First Energy Solutions (the former step sister of FirstEnergy) for your electricity, they are now called Energy Harbor. You’ll notice the name change on your bill on the lower right side where it used to say First Energy Solutions.
Next, natural gas rates have been below $2 but they might start gradually going up. This is because the law of supply and demand is being affected by the oil glut. Because of the glut there has been a major cutback on oil drilling. A lot of natural gas comes from oil drilling meaning there will be less gas thus driving up the cost.
Please remember, if you don’t have NOPEC/NextEra for gas you’re absolutely paying too much!
On the other hand it’s OK if your gas bill has the words, “Standard Service Offer (SSO)” or “Standard Choice Offer (SCO).”  That rate is only 2 cents more per mcf than NOPEC. However, if you see “Monthly Variable Rate (MVR)” that’s major bad news. You’re paying an outlandish rate. If you get a postcard from Dominion Energy Ohio saying that you’ve been assigned to a company with an MVR rate put down your cup of coffee and call Dominion IMMEDIATELY at 1-800-362-7557 and tell them to make you an “SCO” customer!
Here’s another thing to look for. If you are with NOPEC for gas but your rate is $3.42 you have the “program rate” which is too high!!! Call NOPEC and ask to be put on the variable rate. NOPEC’s number is 1-855-667-3201.
The variable rate on your May bill should be no higher than $1.92.  
Electricity is in great shape as well. And NOPEC has a very competitive fixed rate right now. Their variable rate which we usually recommend is just fine but for those of you who like fixed rates NOPEC is offering a 12 month fixed rate of 4.61 cents per kilowatt hour. And if you like to go green NOPEC’s 12 month renewable energy rate is only 4.71 cents a kilowatt hour.
With warm weather here again you can expect people to come out from underneath their rocks coming to your door urging you to switch to their company for gas and electricity. And there have been phone calls from people who say they will lower your rate and that you should get your bill. They might even tell you they can give you a rebate because you’ve been charged too much!! DONT LISTEN TO THAT! JUST HANG UP! This is one time you don’t have to be polite! Historically all those people have rates that are higher than NOPEC, and sometimes significantly higher. Anyone selling door to door must have a solicitor’s permit issued by the Brecksville Police Department. But in this case that’s irrelevant anyway because you should just tell them to “Hit the Road, Jack” before they even begin their sales pitch.

Finally, when in doubt, always call Ted with questions. 440-526-2499.

The opinions expressed in this advisory are solely those of Ted Lux and are not endorsed by the Mayor or City Council of the City of Brecksville.